|------THE ABRASIVES INDUSTRY IN EUROPE AND NORTH AMERICA------
------------A MARKET/TECHNOLOGY REPORT------------
by John Briggs, Enceram and Ted Giese, Abrasive Engineering Society
|This is the fourth edition of a report published by Materials Technology Publications in a completely revised and expanded analysis of markets and technology for Europe and North America as well key aspects of South American, Asian and other markets.
The 2003 report describes the $3.2 billion US and the $860 million European markets for abrasive products from manufacturers in bonded, coated and superabrasive segments of the highly competitive abrasives industry. A key portion of the report covers producers and markets for abrasive materials that are increasingly shaped by international forces. In addition, the report also contains information on the explosive growth in abrasives used for CMP and other processes for the semiconductor industry.
|Over the last 5 years industrial giants such as Saint-Gobain have helped to push the globalization and consolidation of the abrasive industries in both North America and Europe. Major changes are particularly noticeable among key manufacturers in North America. A decline in real costs for raw materials continues from a combination of advances in technology and imports from companies with low cost labor. China has become a significant player in the world marketplace, particularly in the manufacturer and sales of raw materials.|
|Scope of the report includes
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